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OR HB2546

OR HB2546
Relating to state financial administration; declaring an emergency.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act gives money to HECC to give to REAP, Inc., for the Young Entrepreneurs Program. (Flesch Readability Score: 79.5). Appropriates moneys from the General Fund to the Higher Education Coordinating Commission for distribution to REAP, Inc., for the Young Entrepreneurs Program. Declares an emergency, effective July 1, 2025.

AI Summary

This bill appropriates $1,300,000 from the Oregon General Fund to the Higher Education Coordinating Commission (HECC) specifically for distribution to REAP, Inc. to support their Young Entrepreneurs Program during the biennium beginning July 1, 2025. The funding is designated as an additional appropriation, meaning it does not replace any existing funding sources. The bill includes an emergency clause, which means the legislation is considered urgent and will take effect immediately on July 1, 2025, to ensure rapid implementation of the program. The Young Entrepreneurs Program, run by REAP (which likely stands for a specific organizational name), appears to be focused on supporting young entrepreneurs, though the specific details of the program are not elaborated in the bill text. By declaring an emergency, the Oregon legislature is signaling the immediate importance of supporting entrepreneurial initiatives among young people in the state.

Committee Categories

Education

Sponsors (1)

Last Action

In committee upon adjournment. (on 06/27/2025)

bill text


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